Western states face first federal water cuts
U.S. officials on Monday are expected to declare the first-ever water shortage from a river that serves 40 million people in the West, triggering cuts to some Arizona farmers next Continue Reading
U.S. Gulf of Mexico oil producers consolidation accelerates
Oil and gas producers in the U.S. Gulf of Mexico have consolidated at a faster rate during the pandemic, new government data shows, as crashing prices squeezed out smaller drillers Continue Reading
U.S. Natural Gas Dominance May Be Coming To An End
The is the fourth article in a series on BP’s recently-released Statistical Review of World Energy 2021 . Previous articles provided an overview of this year’s Review, an examination of Continue Reading
What Will The Gas Station Of The Future Look Like?
Two-thirds of Americans are interested in electric cars. Sales of EVs hit a record of more than 300,000 in the first half of the year. Everything seems to be going Continue Reading
Tropical Storm Fred Strengthens Again in Gulf Near Florida
Twin tropical storms promise heavy rains across Florida and more misery for Haiti, reeling after hundreds were killed following a massive earthquake Saturday. In the Gulf of Mexico, Tropical Storm Continue Reading
Russia releases worst pandemic death numbers to date
Russia’s daily COVID-19 deaths hit a new record of 819 on Saturday, a day after Moscow’s health department reported the highest number of monthly deaths in the city since the Continue Reading
UK government to review green retail electricity tariffs
The British government said on Monday it will review green retail electricity tariffs due to concerns that energy companies could be exaggerating how environmentally friendly their products are. The government Continue Reading
Crude prices drop but hold steady near $70/b threshold
Crude oil prices fell Aug. 13 but still held steady near the $70/b threshold as fears of economic and supply-chain slowdowns bubbled up as a result of China closing a Continue Reading
Oil Steady as Covid Return Casts Shadow Over Demand Outlook
IEA ‘Sharply’ Cuts Oil Demand Outlook on Delta Virus Concerns Oil steadied at the end of a volatile week in which the fast-spreading delta virus variant continued to cloud the Continue Reading
Oil dips as Delta variant weighs on demand forecasts
The Brent benchmark oil price fell for a second day on Friday, albeit holding above $70 a barrel, after the International Energy Agency warned that demand growth for crude is Continue Reading